Tag Archives: Feds

Econ Update: August 2010

US Bonds continue to receive an enormous amount of money. Why? Because of the increasing fear of a global economic slowdown. This is not to say they don’t already recognize that things are tough, rather it means they don’t see it getting better for a long time.

The financial markets can’t figure out the Fed. The Feds don’t agree on a direction. Existing home sales were 27% lower than last month.

It appears the meddling from Washington academics has produced unintended consequences. This is not news to us. The problem lies in the fact that they think they are the solution.

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